Iris Energy Limited Investors

Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.

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If you prefer, you may submit your transaction information or comments/questions in the box below:




There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.

We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.

If you choose to take no action, you can remain an absent class member.

Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.

The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com

The lawsuit alleges that during the Class Period, the defendants made false or misleading statements and failed to disclose important information, specifically: (1) they exaggerated Iris Energy’s potential in data centers and high-performance computing, largely due to significant issues at its site in Childress County, Texas; and (2) consequently, their statements about the company’s business, operations, and future prospects were materially inaccurate and lacked a reasonable basis. When the actual information became known, the lawsuit claims investors experienced losses.

 

As a result of this news, the company’s share price dropped by $1.70, or 53.3%, closing at $1.49 on August 29, 2024, amid unusually high trading volume.